Union Dr / W 4th St median real estate price is $946,469, which is more expensive than 62.6% of the neighborhoods in California and 91.1% of the neighborhoods in the U.S.
The average rental price in Union Dr / W 4th St is currently $2,014, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.3% of California neighborhoods.
Union Dr / W 4th St is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Union Dr / W 4th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Union Dr / W 4th St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Real estate vacancies in Union Dr / W 4th St are 3.7%, which is lower than one will find in 75.8% of American neighborhoods. Demand for real estate in Union Dr / W 4th St is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Modes of Transportation
Our research revealed that more commuters here take the bus to work (39.0% ride the bus) than 99.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.2% of residents in the Union Dr / W 4th St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.1% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Real Estate
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 82,934 people per square mile, it is more densely populated than 99.4% of America's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Union Dr / W 4th St neighborhood is one of the most walkable neighborhoods in America.
In addition, 100.0% of the real estate in the Union Dr / W 4th St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, one of the really unique and interesting things about the look and setting of the Union Dr / W 4th St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 91.8% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.5% of all neighborhoods in America.
Also of note, the Union Dr / W 4th St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 90.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Occupations
There are more people living in the Union Dr / W 4th St neighborhood employed as sales and service workers (52.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the Union Dr / W 4th St neighborhood buck this trend. 28.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.0% of U.S. neighborhoods.
People
One of the unique characteristics of the Union Dr / W 4th St neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.2% of the neighborhoods in America. Also of note, 57.0% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
Diversity
Significantly, 5.5% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.
Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Union Dr / W 4th St neighborhood. What is interesting to note, is that the Union Dr / W 4th St neighborhood has a greater percentage of residents born in another country (46.1%) than are found in 96.5% of all U.S. neighborhoods.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Union Dr / W 4th St neighborhood in Los Angeles are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.2% of U.S. neighborhoods. With 57.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.1% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Union Dr / W 4th St neighborhood, 47.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 33.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.1%), and 2.1% in clerical, assistant, and tech support occupations.
Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Union Dr / W 4th St neighborhood is Spanish, spoken by 77.4% of households. Other important languages spoken here include English and Korean.
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Union Dr / W 4th St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (43.0%). There are also a number of people of Asian ancestry (11.3%), and residents who report Spanish roots (4.1%), and some of the residents are also of Sub-Saharan African ancestry (2.1%), along with some African ancestry residents (2.1%), among others. In addition, 46.1% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Union Dr / W 4th St neighborhood spend between 30 and 45 minutes commuting one-way to work (32.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (39.0%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (35.0%) and 14.6% of residents also carpool with coworkers, friends, or neighbors for their daily commute. The bus provides a valuable service in the Union Dr / W 4th St neighborhood of Los Angeles by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.
